701 S PALMWAY, LAKE WORTH, FL 33460
Parcel: 38434427010130090 · Single Family · Zoning: 001
Assessed Value (2026)
$192,448
Property Details
Year Built
1956
Lot Sqft
10,500
Sales History
1
$160,000
2000-09-15
Tax Assessment History
$192,448
Assessed (2026)
$499,620
Market Value
$141,726
Taxable Value
$2,885
Annual Tax
2025
$192,448
$499,620
2026
$192,448
$499,620
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $192,448 | $499,620 | $141,726 | $2,885 | $319,500 | $180,120 |
| 2025 | $192,448 | $499,620 | $167,448 | $3,409 | $319,500 | $180,120 |
About 701 S PALMWAY, LAKE WORTH, FL 33460
701 S PALMWAY, LAKE WORTH, FL 33460 is a property built in 1956 on a 10,500 square foot lot. The property is currently owned by MELKONIAN JEFFREY A & MELKONIAN SHERYL R, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2000-09-15 for $160,000. The 2026 assessed value is $192,448 with a market value of $499,620. This breaks down to $319,500 for the land and $180,120 for the building.
The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.
The median household income in this area is $68,505, and the median home value is $411,000. The population density is 5,311 people per square mile. 701 S PALMWAY, LAKE WORTH, FL 33460 is located in LAKE WORTH, Florida.
Property records, tax assessments, sales history, and ownership information for this LAKE WORTH property are sourced from palm_beach County public records. The current assessed value represents 120% of the most recent sale price..
Current Owner
MELKONIAN JEFFREY A & MELKONIAN SHERYL R
701 S PALMWAY, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-03
View owner profile →
Flood Zone
Zone AE
Special Flood Hazard Area
Est. Annual Insurance
$2,478 — $4,610
Flood $400 — $800
Property/Wind $2,078 — $3,810
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$68,505
Median Home Value$411,000
Pop. Density5,311/sq mi
Neighborhood 33460
43%
Owner-Occ
57%
Investor
1,467
Flips (4yr)
3,797
New Biz (3yr)
Distress Risk
MODERATE
30
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